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Instant cross-border payments secured by DLT
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Instant cross-border payments secured by DLT
Sofitto Card Scheme enables card holders: instant remittance, Secure POS implementation on an NFC enabled phone. Sofitto aims to make people using blockchain-enabled transaction as simple as they do their purchases using ordinary bank card. By simply combining “something I have” – the card with “something I know” – the PIN, one will be able to make blockchain payments or funds transfers on the legacy banking infrastructure without knowing anything about digital currencies. For Payment Service Providers Sofitto is a technology provider for instant cross-border p2p payment scheme secured by DLT (Distributed Ledger Tech). Sofitto complements the domestic schemes with an International approach using a reduced cost Open API service. DLT also allows a modular adoption of various services including an Automated real-time AML monitoring. We utilize a legal framework of our investor LHV bank, which started public use of DLT by issuing securities approved by EU regulator.
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Vasylchenko Alexander
Avatar for Vasylchenko Alexander
Founder Sofitto • Worked at @Grid Singularity
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